Christmas is over. It’s time to pay off those credit cards. Responsible adults realize that the spending spree can’t continue so they cut back on their purchasing.This doesn’t mean you don’t spend money on anything. You buy the things you need. You buy the things that make sense.
Politicians on the other hand continue to purchase whatever they want…with your money…before and after Christmas.
PolitiFact doubted the Republican claim the federal government now borrows $4 billion a day. This took investigation? It is pretty widely known and undisputed that the annual national deficit has been over $1.5 trillion dollars every years. It is also widely known and undisputed that there is 365 days in a year. Some wide eyed liberals would probably dispute this, but even an idiot like Chuck Schumer would acknowledge these numbers to be factual. So let’s get out our handy calculators. (These are big numbers, so you liberals might want to review junior high school math regarding scientific notation)
1.5 trillion = 1.5E12
1.5 E 12 / 365 = 4.1 E 9
4.1 E 9 = 4.1 billion
So….Republicans were actually understating the average amount borrowed every day. If you are living under a rock, it’s time to pull your head out. This level of spending is unsustainable and raising taxes on the rich isn’t going to solve the problem.
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